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Updated over 10 years ago on . Most recent reply

User Stats

87
Posts
14
Votes
Matt Taschner
  • Wholesaler
  • Cottage Grove, MN
14
Votes |
87
Posts

Looking for advice on adding another bedroom or improving current

Matt Taschner
  • Wholesaler
  • Cottage Grove, MN
Posted

I am closing on a property on the 19th.  The house is currently laid out as a 4 bed 3 bath.  There is an office that has a closet and could convert into a 5th bedroom with the addition of a window.  For layout aesthetics, I was going to enlarge one bedroom into that office.  The part that I am struggling with is the closest comp found on an appraisal came in on the high side of 209k.  I am planning on listing the house at $249k and don't want to fall short on the appraisal hence having to drop the price.  Should I keep the current config of a 4 bd 3 bath and expand the bedroom or add another bedroom to add value to the appraisal, sacrificing room size?  Thanks in advance.

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